Stick to Your Business Plan--Making Sacrifices Can Lead to Negative Consequences

When you are an entrepreneur, you want nothing more than to see ‘your baby’ grow up into a successful business, especially with all the headwinds that are sure to come your way. That often means that those same entrepreneurs are willing to make sacrifices, veering off on tangents away from their stated business plan. I am not talking about business pivots in a new direction, which would ultimately require an update to the business plan. I am talking about keeping the same business plan, but making exceptions to the stated goals, just to make some progress with the business. That is when you can get into a lot of trouble. This article will help you learn how to avoid getting trapped in those rabbit holes.

Read the rest of this article in Entrepreneur, which I guest authored this week.

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